WE ARE A RETAIL BIG DATA LAB

Business-savvy celebrities are turning their popularity into profitability. This year in particular, celebrities might be just what the retail sector needs. As global headlines proclaim, the retail industry is enduring a rough patch due to contraction in 2017. Retailers like Toys R Us, Vitamin World and BCBG Max Azria faced bankruptcy. Hundreds of stores closed, […]

The struggle is real, people. Millennial moms are exhausted and busier than ever, juggling work and family while creating cherished memories during a scrumptious, Pintrest-worthy stage of life. Simultaneously, millennial moms represent a fierce force that’s reinventing retail. These savvy shoppers are disrupting this sector with their vocal demands and strong social influence. That’s why […]

Your big picture game just got better! Competitive data is essential in retail to remain relevant – and to thrive. To gain a competitive advantage, however, you need to look at data beyond spreadsheets of context-less numbers. Accessing deeper data insights on how your rivals think can give your company an edge because you can […]

It was a Perfect Storm: 2017 rocked the retail industry with unrelenting waves of new market pressures. Amid digital transformation, retail companies had to navigate store closures at a rate more than triple that of 2016, a running tally of retail bankruptcies and an over-reliance in discounting to lure customers – just to survive. Even […]

Manufacturers work with retailers to open gateways to sell their products to a widespread audience. This can often serve as a disadvantage, when the retailers sell their products at prices lower than the one fixed by the manufacturers. This is the reason Minimum Advertised Price(MAP) came into existence. It is the lowest cost retailers can […]

It pays to get in a shopper’s face. Think about it: When you’re searching for a specific item on an e-commerce site, how often do you get swayed by one of the first 10 products that pop up? (Meanwhile the product you came looking for is buried somewhere at the bottom.) Every e-commerce website pushes […]

Grocery e-commerce is having its moment following Amazon’s Whole Foods acquisition in June. So, it was about time that Walmart hopped on the bandwagon with some big guns. Jolt upright, the retail behemoth is readying to battle Amazon in the war to attract hungry online shoppers. As Food Dive puts it, “A fundamental shift is […]

As global retailers enter the new year, they’ll continue to use emerging technologies to improve the customer experience. While sales in physical stores will still comprise the majority of retail in the United States and Europe, ecommerce will continue to grow at a double-digit pace. Retailers will continue to adopt emerging technologies in 2018 to […]

As we have welcomed 2018, it’s the perfect time to meet the new face of retail. Digital media services – for online access to music, TV and video – have evolved as powerful products in their own right, hypnotizing consumers with their convenience and cost effectiveness, and earning a spot in their hearts and wallets. […]

Fitbit had a tough time maintaining its status quo as the category leader in fitness trackers and overall wearables in 2017. Falling to the third place for the first time in the first quarter of 2017, between Chinese gadget maker Xiaomi and Apple, what the fitness brand could do with is a little introspection. Product […]